316.42
+3.97%
Close of 9 Nov 2026, in USD
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At a glance
Figures in USD, from our data supplier.
Revenue
$7.24bn
FY2016FY2025
Net income
$497.0m
FY2016FY2025
Free cash flow
$535.1m
FY2016FY2025
Shareholders' equity
$2.78bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.24bn | $7.62bn | $7.28bn | $7.27bn | $6.28bn | $5.05bn | $4.77bn | $4.55bn | $4.34bn | $4.22bn |
| Gross profit | $2.03bn | $2.04bn | $1.99bn | $2.03bn | $1.67bn | $1.22bn | $1.16bn | $1.12bn | $1.07bn | $1.03bn |
| Operating income | $692.6m | $781.8m | $794.8m | $831.6m | $628.5m | $401.0m | $366.9m | $372.1m | $353.9m | $345.6m |
| Net income | $497.0m | $536.3m | $536.3m | $601.2m | $418.9m | $269.6m | $245.9m | $242.9m | $208.2m | $182.8m |
| Diluted earnings per share | 13.10 | 14.21 | 13.60 | 15.51 | 10.78 | 6.99 | 6.43 | 6.48 | 5.59 | 5.15 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $4.46bn | $4.53bn | $3.73bn | $3.49bn | $3.09bn | $2.50bn | $2.56bn | $2.16bn | $2.05bn | $1.87bn |
| Cash and short-term investments | $733.3m | $781.9m | $210.1m | $147.5m | $118.3m | $146.1m | $74.5m | $82.9m | $80.5m | $56.0m |
| Total liabilities | $1.23bn | $1.47bn | $1.11bn | $1.24bn | $1.09bn | $717.2m | $841.4m | $559.3m | $495.9m | $622.9m |
| Debt | $15.9m | $21.8m | $32.3m | $71.3m | $100.8m | $6.4m | $158.9m | $136.0m | $22.3m | $235.8m |
| Shareholders' equity | $2.78bn | $2.66bn | $2.23bn | $2.25bn | $2.00bn | $1.78bn | $1.71bn | $1.60bn | $1.55bn | $1.25bn |
| Shares outstanding | 38m | 38m | 39m | 39m | 39m | 39m | 38m | 37m | 37m | 36m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | $569.6m | $773.1m | $562.0m | $572.0m | $349.6m | $534.4m | $335.8m | $170.6m | $301.8m | $277.8m |
| Capital spending | −$34.5m | −$30.1m | −$35.5m | −$33.8m | −$24.1m | −$16.3m | −$16.4m | −$17.2m | −$17.9m | −$43.6m |
| Free cash flow | $535.1m | $743.0m | $526.5m | $538.2m | $325.5m | $518.0m | $319.3m | $153.4m | $284.0m | $234.2m |
| Dividends paid | −$473.8m | −$423.5m | −$382.6m | −$332.4m | −$294.5m | −$265.7m | −$241.4m | −$209.2m | −$164.1m | −$127.6m |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.10bn | $1.53bn | $1.58bn | $2.07bn | $2.06bn | $1.53bn | $1.75bn | $2.16bn |
| Gross profit | $578.9m | $427.6m | $428.4m | $594.8m | $603.5m | $429.6m | $468.1m | $566.2m |
| Operating income | $238.4m | $110.2m | $95.8m | $234.8m | $271.9m | $112.2m | $136.2m | $250.2m |
| Net income | $163.3m | $79.1m | $71.7m | $161.6m | $183.6m | $80.1m | $96.8m | $171.0m |
| Diluted earnings per share | 4.29 | 2.08 | 1.89 | 4.26 | 4.84 | 2.11 | 2.57 | 4.53 |
| Cash from operations | −$2.0m | −$18.0m | $399.0m | $354.0m | −$7.0m | −$177.0m | $378.0m | $232.0m |
| Capital spending | −$8.0m | −$6.0m | −$10.0m | −$8.0m | −$6.0m | −$7.0m | −$8.0m | −$9.0m |
| Free cash flow | −$10.0m | −$24.0m | $389.0m | $346.0m | −$13.0m | −$184.0m | $370.0m | $223.0m |
| Total assets | $5.08bn | $4.65bn | $4.46bn | $4.55bn | $4.73bn | $4.45bn | $4.53bn | $4.52bn |
| Cash and short-term investments | $464.2m | $592.7m | $733.3m | $524.3m | $293.0m | $431.8m | $781.9m | $550.0m |
| Debt | $119.7m | $117.7m | $128.2m | $129.3m | $129.5m | $127.2m | $125.7m | $122.9m |
| Shareholders' equity | $2.99bn | $2.76bn | $2.78bn | $2.81bn | $2.76bn | $2.67bn | $2.66bn | $2.70bn |
Financial ratios
Data as of 30 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | 28.0% | 26.8% | 27.4% | 27.9% | 26.6% | 24.2% |
| Operating margin | 9.6% | 10.3% | 10.9% | 11.4% | 10.0% | 7.9% |
| Net margin | 6.9% | 7.0% | 7.4% | 8.3% | 6.7% | 5.3% |
| Return on equity | 17.9% | 20.2% | 24.1% | 26.7% | 21.0% | 15.1% |
| Return on assets | 11.2% | 11.8% | 14.4% | 17.2% | 13.6% | 10.8% |
| Free cash flow yield | 5.3% | 7.1% | 5.0% | 5.2% | 3.2% | 4.7% |
| Revenue growth | -5.0% | 4.6% | 0.1% | 15.8% | 24.2% | 6.0% |
| Earnings growth | -7.3% | -0.0% | -10.8% | 43.5% | 55.4% | 9.6% |
| Current ratio | 4.12x | 3.13x | 3.36x | 2.54x | 2.70x | 3.00x |
| Debt to equity | 0.04x | 0.04x | 0.05x | 0.17x | 0.19x | 0.12x |
| Equity ratio | 62.4% | 58.6% | 59.8% | 64.5% | 64.7% | 71.3% |
| Interest coverage | 24.94x | 37.46x | 161.55x | 384.10x | 631.05x | 323.68x |
| Buybacks as a share of market value | -0.5% | 4.3% | -1.8% | 0.3% | -0.7% | -0.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -0.2% | 7.4% | 5.8% |
| Operating income | -5.9% | 11.5% | 7.5% |
| Net income | -6.1% | 13.0% | 11.1% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 27.4% | 27.5% | 27.0% | 26.1% |
| Operating margin | 9.9% | 10.5% | 10.1% | 9.4% |
| Net margin | 7.0% | 7.4% | 7.0% | 6.2% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 25.7 | 33.4 | 31.5 | 16.1 | 29.0 | 32.4 | 28.0 | 21.5 | 30.4 | 28.8 |
| Price to sales | 1.8 | 2.4 | 2.3 | 1.3 | 1.9 | 1.7 | 1.4 | 1.1 | 1.5 | 1.3 |
Market value over time
31 Oct 2016 to 29 Sept 2026, in USD
$4.88bn$11.45bn
Share price return
Finished calendar years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Return | -29% | 15% | 68% | -16% | 30% | 28% | 28% | -16% | 12% | 30% |
Dividends and splits
Per share, in the currency the company pays
Paid for 35 years. Last went ex-dividend on 16 Oct 2026.
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | |
|---|---|---|---|---|---|---|---|---|
| Paid in the year | 12.90 | 11.70 | 10.55 | 9.80 | 8.55 | 7.625 | 6.925 | 6.40 |
- 3-for-2 split · 17 Aug 1998
- 3-for-2 split · 17 Jun 1996
- 3-for-2 split · 16 May 1995
- 21-for-20 split · 9 Apr 1992
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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